I love this idea. Maybe one could give it a cool name like “Effective ESG”. Only one thing makes me a bit skeptic: I remember that in 2006 people started talking about how the dispersion of equity through many investment and pension funds would give rise to a “civil economy” where shareholder interests would tend to converge with public interest. But, except for Covid macro issues and climate change (where major risks for each investor are recongized as positively correlated), I don’t see this happening—but, tbh, they were not EAs.
I love this idea. Maybe one could give it a cool name like “Effective ESG”.
Only one thing makes me a bit skeptic: I remember that in 2006 people started talking about how the dispersion of equity through many investment and pension funds would give rise to a “civil economy” where shareholder interests would tend to converge with public interest. But, except for Covid macro issues and climate change (where major risks for each investor are recongized as positively correlated), I don’t see this happening—but, tbh, they were not EAs.
I’d add: lobby financial regulators